When the holidays roll around, you do not have to spend hundreds of dollars and go broke on Christmas gifts. You can buy something nice for your loved ones and still save money. A gift does not have to be expensive to make someone happy. There are plenty of inexpensive gifts that your loved ones will appreciate.
Spending too much money during the holiday season can cause financial problems after the holidays. If you are on a budget and looking the save money, don’t worry, you can still hand out gifts. Here are a few tips on how to save money on gifts this holiday season!
Tip #1: Start A Gift Closet.
This is something that can be started earlier in the year, and you can buy the gifts during the year. Retail and online stores have different sales, promotions, and deals through-out the year, and you can even look for coupons. In addition, you can also avoid the crowds you would face from shopping in stores during the holiday season.
If it is already the start of the holiday season, then do not worry. Just start buying gifts early in the season rather than waiting until December to do so. There are plenty of stores planning to have sales even before Black Friday (the day after Thanksgiving, where most stores have different sales).
Keep track of the gifts you buy, so that you do not end up buying the same gift twice.
You can also buy wrapping paper, gift bags, ribbons, tags, and tape in advance. Some stores start putting out the Christmas stuff months in advance, while others carry it all year around.
Tip #2: Give Homemade Gifts.
When learning how to save money on gifts for the holidays, you can also be creative and give homemade gifts. This can include the following:
– Jewelry (out of beads and/or thread).
– Scrapbooks (create a blank one or add special gifts to it).
– Photo frames (you can even find photo frames that can be decorated).
– T-shirts, mugs, mouse pads, hats, and other items with a special photo (such as family members or pets) or a graphic on it. You can get this made at special stores or mall stands or buy the shirts and special transfer paper to create it yourself.
Homemade gifts are fun to make, leaves you in control of the gifts, and can be inexpensive to create!
Tip #3: Organize.
Organizing can help you to save money on gifts. Create a list of each person you are shopping for. Next to each person’s name, list a few gift ideas and a budget for each person. This way you can remind yourself that you are on a budget and what you can buy for each person. When you buy a certain gift, cross that idea off of the list and change the budget. For example, if you are spending $50 on one person, and you have just bought them a $10 gift, you will cross that gift or idea off of the list and change the budget from $50 to $40. It may be helpful to write out the budget in pencil, so you can just erase it. When you have finished shopping for that person altogether, cross their name off the list so that you will know they are done.
In addition to helping you save money, organizing can also help the shopping trips in general be less of a hassle.
Now that you have learned a few tips on how to save money on gifts during the holidays, you should try out the tips as best as you can. The tips can help you to avoid going broke during the holiday season, and you will have money left over when the season is said and done.
By following these tips, you will not only save money on Christmas shopping, but your loved ones will appreciate the gifts you give them! Happy Holidays and Merry Christmas!